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Breaking Stock Market and Financial News

CANADA FX DEBT-C$ weakens as oil retreats, export volumes fall

Reuters Us Markets - Tue, 12/06/2016 - 10:00
* Canadian dollar at C$1.3303, or 75.17 U.S. cents * Bond prices slightly higher across the yield curve By Fergal Smith TORONTO, Dec 6 (Reuters) - The Canadian dollar weakened against...

Italy may be facing period of uncertainty, says concerned Schaeuble

Reuters Us Markets - Tue, 12/06/2016 - 09:59
BRUSSELS, Dec 6 (Reuters) - German finance minister Wolfgang Schaeuble said on Tuesday he was concerned that Italy might be facing a period of uncertainty, although he was confident that those...

BRIEF-Safe Bulkers announces pricing of its public offering of common stock

Reuters Us Markets - Tue, 12/06/2016 - 09:55
* Says public offering of 13.6 million common shares priced at $1.10 per share

EMERGING MARKETS-Brazil real slips after Senate president ouster; shares rise

Reuters Us Markets - Tue, 12/06/2016 - 09:55
By Bruno Federowski SAO PAULO, Dec 6 (Reuters) - The Brazilian real slipped on Tuesday as a Supreme Court decision to oust the Senate's president raised concerns over potential delays in the...

Thousands of Tunisian lawyers join protest against new taxes

Reuters Us Markets - Tue, 12/06/2016 - 09:54
TUNIS, Dec 6 (Reuters) - Several thousand Tunisian lawyers demonstrated on Tuesday in front of the prime minister's office, with some demanding his resignation as they escalated a protest against...

BRIEF-Verisk Insurance Solutions, Driveway Software announce strategic alliance

Reuters Us Markets - Tue, 12/06/2016 - 09:53
* Verisk Insurance Solutions and Driveway Software announce strategic alliance to offer smartphone telematics solution for auto manufacturers in Verisk Data Exchange Source text for Eikon: Further...

Trump says 'cancel order' on new Boeing Air Force One plane

Top Reuters News - Tue, 12/06/2016 - 09:53
WASHINGTON (Reuters) - U.S. President-elect Donald Trump urged the government to cancel purchase of Boeing's new Air Force One plane on Tuesday, saying it was "ridiculous" and too expensive.

CORRECTED-UPDATE 1-Trump says "cancel order" on new Boeing Air Force One plane

Reuters Us Markets - Tue, 12/06/2016 - 09:51
WASHINGTON, Dec 6 (Reuters) - U.S. President-elect Donald Trump urged the government to cancel purchase of Boeing's new Air Force One plane on Tuesday, saying it was "ridiculous" and too expensive.

UPDATE 1-Brazil expects to save $200 bln by 2027 with pension reform

Reuters Us Markets - Tue, 12/06/2016 - 09:51
BRASILIA, Dec 6 (Reuters) - Brazil's government expects to reduce expenditures by about 687 billion reais ($200 billion) between 2018 and 2027 with proposed changes to its costly pension system, the...

'Keep calm and negotiate': EU sees October 2018 Brexit deal

Top Reuters News - Tue, 12/06/2016 - 09:36
BRUSSELS (Reuters) - The European Union's chief negotiator set a target of agreeing a Brexit deal with Britain by October 2018, assuming London keeps a promise to formally launch the process of leaving the EU by the end of March.

Dow aims for 2nd straight record, but stocks struggle for momentum

MarketWatch Market Pulse - Tue, 12/06/2016 - 09:36

U.S. stocks fought to take flight on Tuesday with the Dow industrials trying for a fresh record a day after closing at an all-time high in the previous session. The Dow Jones Industrial Average opened little-changed at 19,221, the S&P 500 index climbed 2 points, or 0.1%, at 2,206, while the Nasdaq Composite Index , led the way among stock benchmarks, up 11 points, or 0.2%, at 5,321. In corporate news, Toll Brothers reported a fourth-quarter profit of 67 cents a share from 80 cents last year. Meanwhile, oil traded sharply lower, threatening to snap a four-session win streak in the wake of the deal struck by members of the Organization of the Petroleum Exporting Countries to curb oil output and stabilize the commodities price.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

U.S. trade gap widens as exports of soybeans, other goods fall

Top Reuters News - Tue, 12/06/2016 - 09:16
WASHINGTON (Reuters) - The U.S. trade deficit recorded its biggest increase in more than 1-1/2 years in October as exports of soybeans and other goods dropped, suggesting that trade would be a drag on growth in the fourth quarter.

Boeing's stock drops after Trump tweet to cancel Air Force One order

MarketWatch Market Pulse - Tue, 12/06/2016 - 09:13

Shares of Boeing turned down 1% in premarket trade Tuesday, after President-elect Donald Trump tweeted that an order for the aerospace giant to build a new Air Force One should be canceled because of rising costs. Just prior to the tweet, the stock was trading unchanged. "Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!," the tweet said. About 18 minutes after the tweet was sent, it had 12,000 likes and 4,300 retweets. Boeing's stock has gained 5.2% year to date through Monday, while the Dow Jones Industrial Average has rallied 10%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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